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Which major tech company announced its entry into the financial services sector

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Question: Which major tech company announced its entry into the financial services sector by launching a buy now, pay later service in 2021?

Options:

  1. Apple
  2. Amazon
  3. Google
  4. Facebook

Correct Answer: Apple

Solution:

Apple announced its buy now, pay later service in 2021, marking its entry into the financial services sector.

Which major tech company announced its entry into the financial services sector

Practice Questions

Q1
Which major tech company announced its entry into the financial services sector by launching a buy now, pay later service in 2021?
  1. Apple
  2. Amazon
  3. Google
  4. Facebook

Questions & Step-by-Step Solutions

Which major tech company announced its entry into the financial services sector by launching a buy now, pay later service in 2021?
  • Step 1: Identify the year mentioned in the question, which is 2021.
  • Step 2: Understand the term 'buy now, pay later' service, which is a financial service that allows customers to purchase items and pay for them later.
  • Step 3: Recall major tech companies that are known for their innovations and services.
  • Step 4: Determine which of these companies announced a buy now, pay later service in 2021.
  • Step 5: Conclude that Apple is the company that made this announcement.
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